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Thundelarra Ltd.
Summary
| Project: | Garden Gully | |
|---|---|---|
| Deposit: | Lydia | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 9/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-9-2016: Thundelarra Ltd. announces an Exploration/Drilling Update report for its Lydia deposit at the Garden Gully project. New drilling results incl. 37m @ 1.8g/t Au from 71m. Thundelarra is pleased to report assays from the scout drilling at the Lydi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Costica Vieru (Internal) | |
| ABSTRACT: | Thundelarra is pleased to report assays from the scout drilling at the Lydia Prospect of the Garden Gully Gold Project. The programme intersected extensive primary gold mineralisation below the weathering profile that indicates the possible extension at depth of the high grade mineralisation previously reported from TGGRC018. This potential for significant gold mineralisation at Lydia will be tested by deep follow-up RC drilling. The high grade gold mineralisation intersected in TGGRC018 was resampled at 1m intervals and re-assayed. These re-assays confirmed the tenor of this high grade intercept that originally reported 7m at 24.5 gpt Au from 11m downhole (true width unknown), yielding an intercept of 7m at 17.7 gpt Au. This re-assay is consistent with the nuggetty nature of the gold mineralisation encountered. Two further RC holes were drilled at the Lydia prospect as part of the testing programme. TGGRC026 intersected significant primary gold mineralisation associated with pyrite and arsenopyrite sulphides (Figure 1) and reported 37m at 1.8 gpt Au from 71m-108m downhole (true width unknown), including 12m at 4.0 gpt Au from 96m-108m. The Garden Gully project, wholly-owned by Thundelarra, comprises 14 granted Prospecting Licences, 1 granted Exploration Licence, and one Exploration Licence application covering about 65.5 square kilometres and is located in Western Australia’s Doolgunna region (Figure 2) about 20km north-west of the town of Meekatharra. | |
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